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TAJBank launches ‘TAJWAY’ Digital Banking App

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…Assures value-laden benefits of product to customers


Joel Ajayi

TAJBank, Nigeria’s leading non-interest bank, on Tuesday launched a new digital banking app – TAJWAY – in furtherance of its sustained drive to surpass customer expectations in real time and cost-free banking services nationwide. 


The digital banking app, which is rated as one of the most secure and user-friendly platforms for transactions, has been upgraded with additional pioneering capabilities to enhance customer experience in terms of easier, faster, and more convenient services to streamline and make financial transactions very exciting for its rapidly growing customers globally.


TAJWAY app is packaged with special features and benefits to customers, including increased transaction limits, card management, budget planning, saving on spending, multiple transfers and real time receipt generation for all transactions. 


These new benefits complement the app’s other value-laden benefits of seamless funds transfer, account opening, account balance enquiry, airtime and data purchase, bills payment and account funding.


Commenting on the launch of the new digital app, the bank’s Managing Director, Mr. Hamid Joda, said: ‘’This is an important milestone in our journey to becoming a digital bank.  This will see us build the capabilities needed to develop and deploy an array of digitized products that are simple and easy to use. 


“By leveraging emerging technologies and data analytics, we will increase engagement with our existing and prospective customers to exponentially scale up customer acquisition and transactions at a lower cost to serve”, the banker added.


In his remarks on the innovative product launch, the Executive Director, Mr. Sherif Idi, enthused: “TAJWAY is a new self-service, stress-free and secured app built to offer exceptional user experience with a vast bouquet of functionalities for all classes of customers. It is currently available for download on Google Play store and iOS App Store.”


Industry analysts believe that TAJBank’s launch of the new digital banking app is a desirable step towards further consolidating its position as a frontline bank in the non-interest subsector of Nigeria’s financial market. 


According to the experts, based on its functional values, TAJWAY will create more opportunities and value for existing and potential customers by deepening support for the growth of their personal and business aspirations, while fast-tracking current efforts of the monetary authorities to deepen financial inclusion in the country. 


The non-interest lender’s management advised customers that to download the app, all that is required is to visit the respective stores (Google play store or Apple app store), and search for the App, using the keyword “TAJWAY” and that this should be followed by a tap on the TAJWAY app icon, click install/get to download, then open/launch the app when download is complete, adding that customers are required to register with the Bank to fully commence the use of the app.

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Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General

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 …Urges National Assembly to Pass Audit Bill 2022  

Joseph Bisi


As Nigerians commemorated a historic milestone in their collective pursuit of a more socio-economically robust nation, the Auditor-General for the Federation (AuGF), Shaakaa Kanyitor Chira, has implored the nation’s leaders and citizenry to intensify their efforts in championing the cause of fiscal discipline and accountability within the public finance system.  In a brief conversation with journalists to mark the 2025 ‘Democracy Day’ on Thursday, the AuGF commended President Bola Tinubu’s administration for its ongoing fiscal and tax reform initiatives, describing these measures as essential for enhancing the nation’s revenue generation and budgetary expenditures.  Chira explained that transforming the potential benefits of these reforms into tangible gains for the citizenry required more transparent fiscal mechanisms for the monitoring and evaluation of government expenditures, including the auditing processes and the timely appraisal of the Audit report by his Office, free from political interferences. He said: “Today’s Democracy Day is worthy of celebration, given the political history of the country and the prospects for sustainable development. Over the past few years, we have witnessed a series of reform initiatives by both past and present administrations aimed at improving the nation’s fiscal system, particularly under President Bola Tinubu, based on the current Tax Reforms and Fiscal Policy Bills that are being finalized by the National Assembly.  “Let me emphasize that these measures are not merely desirable for Nigeria’s sustainable development; the enactment of the four pivotal bills will significantly contribute to stabilizing the financial system while also promoting transparency in public finance and prudent governance at all levels of government throughout the country.  “It is imperative to underscore, however, that the role of the Office of the Auditor-General of the Federation (OAuGF) in achieving these laudable objectives may be impeded if the Audit Bill currently before the National Assembly is not enacted into law.  “The passage of the Bill, which seeks to augment the AuGF’s role in ensuring accountability, transparency and value for money in government expenditure while empowering the AuGF with administrative and financial autonomy, is crucial for enhancing transparency and accountability within Nigeria’s public finance system that aligns with International Standards of Supreme Audit Institutions (ISSAIs). “Therefore, I seize this opportunity to appeal to our lawmakers in the National Assembly to prioritize the passage of the Audit Bill as a strategic legislative initiative to achieve the commendable goals of the Tax Reforms and Fiscal Policy Bills they are presently finalizing,” the AuGF added.Experts are of the view that the Auditor-General’s call for the passage of the Audit Bill 2022 aligns with the OAuGF Strategic Plan 2024-2028, which encapsulates the objectives of the Office being the Supreme Audit Institution(SAI) of Nigeria, aimed at enhancing public sector governance and accountability.  The four principal objectives of the Strategic Plan include Goal 1: Focusing on the enhanced independence and mandate of the OAuGF; Goal 2: to mitigate mismanagement of public funds through more robust follow-up on audit recommendations; Goal 3: to ensure improved financial reporting within the public sector; and Goal 4: to establish the OAuGF as a model institution not only in Nigeria but on a global scale.

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